Meghna Petroleum Dividend
Dividend criteria checks 5/6
Meghna Petroleum is a dividend paying company with a current yield of 8.04% that is well covered by earnings.
Key information
8.0%
Dividend yield
37%
Payout ratio
Industry average yield | 5.7% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | ৳43.13 |
Dividend yield forecast in 3Y | n/a |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: MPETROLEUM's dividends per share have been stable in the past 10 years.
Growing Dividend: MPETROLEUM's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
Meghna Petroleum Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (MPETROLEUM) | 8.0% |
Market Bottom 25% (BD) | 1.0% |
Market Top 25% (BD) | 4.1% |
Industry Average (Oil and Gas) | 5.7% |
Analyst forecast in 3 Years (MPETROLEUM) | n/a |
Notable Dividend: MPETROLEUM's dividend (8.04%) is higher than the bottom 25% of dividend payers in the BD market (1.01%).
High Dividend: MPETROLEUM's dividend (8.04%) is in the top 25% of dividend payers in the BD market (4.13%)
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (37.1%), MPETROLEUM's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: MPETROLEUM is paying a dividend but the company has no free cash flows.